5.5 GW PV Additions in India in FY21; 15% Decline due to COVID-19: ICRA Updated On Tue, Jul 7th, 2020 by Saurenergy According to ICRA, the solar PV capacity additions in FY 2020-21 are expected to remain subdued given the continued execution challenges due to COVID-19. The domestic solar PV capacity additions in FY 2019-20 has remained lower by about 15 percent than the previous estimate of 7-7.5 GW, mainly on account of the disruption in supply […] Read more
Plans in Place to More Than Triple Local Solar Manufacturing Capacity Updated On Mon, Jul 6th, 2020 by Saurenergy The government has proposed a major push to domestic manufacturing of solar equipment in the country that would completely eliminate the need for imports The central government has proposed a major push to domestic manufacturing of renewable energy (solar) equipment in the country that would completely eliminate the need for imports, particularly from countries such as China. As part of […] Read more
Foreign Firms Attracted to Competitive Bidding in Indian Solar Tenders: CRISIL Updated On Sat, Jul 4th, 2020 by Saurenergy Rating agency CRISIL has said the absence of any formal duty on imports at the time of project tendering and lower returns globally in the wake of the COVID-19 outbreak have resulted in competitive tariff rates in the solar energy sector. According to the agency, a chance coming together of several positives has led to […] Read more
Future of Residential Solar: Post Covid Period Updated On Thu, Jul 2nd, 2020 by Saurenergy Till Dec 2019, India was having 757 MW of cumulative installed solar capacity by the residential segment, out of 5440 MW of rooftop solar (RTS). As per Phase II of Grid connected RTS implementation plan by MNRE released in Aug 2019 last year, India has set for itself a modest and calculated target of 4GW […] Read more
Railways Tender for Setting up 1 GW Solar Projects Along the Tracks Updated On Thu, Jul 2nd, 2020 by Saurenergy REMCL has issued a tender on behalf of the Indian Railways for setting up of 1 GW ground-mounted solar plants on railway land along the railway tracks. The Railway Energy Management Company Limited (REMCL) – a JV of the Ministry of Railways and RITES Ltd, has issued a tender on behalf of the Indian Railways […] Read more
Floating Solar to Generate 900% More Electricity Across APAC: IEEFA Updated On Wed, Jul 1st, 2020 by Saurenergy Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi at the Institute of Energy Economics and Financial Analysis (IEEFA) note that power demand in the Philippines and Malaysia has dropped by as much as 16 percent during the COVID-19 […] Read more
A World Solar Bank and India’s Solar Ambitions. Updated On Tue, Jun 30th, 2020 by Saurenergy In the past week, talk of a World Solar Bank, midwifed by the International Solar Alliance (ISA), Prime Minister Modi’s biggest foreign policy initiative has picked pace again. The ISA, whose overarching mandate can be considered the raising of 1 trillion dollars to build, spread and sustain solar energy worldwide, with special attention to the […] Read more
SCCL’s 81 MW Solar Projects Saw Yet another Extension from SECI Updated On Mon, Jun 29th, 2020 by Saurenergy State-owned coal mining giant Singareni Collieries Co. Ltd’s (SCCL’s) solar projects having an aggregate capacity of 81 MW saw yet another extension for the deadline for submission of bids from Solar Energy Corporation of India (SECI). The said tender is a combination of three different solar project tenders including 34 MW (AC) ground-based solar photovoltaic […] Read more
Rajasthan Tenders for Solar Plants at 30 Mandi Yards, 14 Sub Yards Updated On Wed, Jun 24th, 2020 by Saurenergy RSAM has issued a tender for the commissioning of grid-tied solar power plants at 30 Mandi yards & 14 Sub yards in the state of Rajasthan. The Rajasthan State Agricultural Marketing Board (RSAM) has issued a tender for the commissioning of grid-tied solar power plants at 30 Mandi yards & 14 Sub yards in the […] Read more
